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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sky High | SKHG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 15.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 15.50 |
| Top Posts |
|---|
Posted at 17/2/2011 15:12 by snape From Growth Investor fyiSky High wins major contract 17/02/2011 Ben Jaglom Sky High (SKHG) the AIM-quoted data collection and analysis concern has announced that it has won a contract with the Department for Transport. The contract, awarded through its 'sky high traffic surveys' division, will see Sky High provide traffic count data as part of the Departments 'National Road Traffic Census Contract.' The contract, which will provide revenue of approximately £900,000 will be for an initial period of two years with the potential for an extension to a third year. CEO Mark Mattison remarked that the deal was an 'important contract win' for the company adding that it demonstrates its 'continued development as a quality provider of data colection services for the UK traffic market.' Following the news shares in Sky High soared 87.5 per cent to the current price of 15p. With the contract win jolting Sky High's somewhat stagnant share price we think the shares could hold speculative potential. |
Posted at 22/12/2008 12:26 by rkjones CSW was a growth company which I did well out off but still had bags of upside when it was sold off. Management would have been aware of the potential in the pipeline but sold out a a price that did not reflect future earnings that were being generated by the current situation at that time. The private investor who had supported the company in early days did not receive fair value for their shares - the old management were kept sweet - their roles and incentives remained in place and the company was subsequently sold off at a considerably higher sum within months.Yes, I did well out of this investment but those who perhaps bought in closer to the eventual sell date did not enjoy the benefit of the latest performance figures which would surely have given rise to a higher valuation. |
Posted at 19/12/2008 20:50 by rkjones Only a modest investment £3000 or so bought on the strength of the Jackson connection where I have enjoyed some success in the past. To be honest this share was a cash shell that I had almost written off but has risen phoenix-like of late and looks really promising. The current share price even in todays markets looks way undervalued if you annualise their half yearly profits and sooner rather than later should start to catch up. All this is a matter of record however and the share could do with some publicity in the financial press. A word of caution though - the jackson/Vin muria connection is shrewd but will stuff the private invester without compunction. They will sell out to private investors if the venture looks successful- retaining their own holding. Look back at CSW !! Advanced computer software is another one floated this year. I am tracking - they are good if you get in at the right time. They look promising. In conclusion, the outlook for Skyhigh looks good - depending on when you bought them - the lack of liquidity suggests that the management holds the majority of the shares having raised funds from the private investor to fund the initial risk period. Good management herewith out doubt - worth a punt at todays prices!! ASW is the epic of the latest venture. |
Posted at 15/12/2008 07:16 by whites123 Exactly....Something can be "Worth" £10, but if someone bought at £2 and a little while into the rise is offered £5, you can bet your last penny that there will always be someone who will take it. Its human nature and especially in this game we are not all "Investors"... There are a lot of would be "Traders" out there. |
Posted at 23/9/2008 07:49 by john henry Looks very positive Roomove, However will be very suprised to see much interest. Stock is just to illiquid for most investors. Would appear LAND have a fair line of stock to trade. Management need to take steps to improve the liquidity as the stock going nowhere until they do. Unless of cause they intend to take it private. |
Posted at 29/5/2008 14:00 by mmelody credited to manulad on rift board...hope it helps.manulad - 28 May'08 - 21:54 - 13742 of 13762 This is something posted a couple of years ago by someone on another board that is quite revealing. Not sure where he got it from. MARKET MAKER SPEAKS OUT: Ways of a Market Maker I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals of the stocks they trade. They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called "wholesalers" this means they don't have retail brokers "working" the stocks. So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM. If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on. Contrary to popular opinion the "Big" firms Do NOT neccessarily go to the "Low Offer" to fill a buy order (Or high bid for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want to sell any more. As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount houses. With the above groundwork laid, let me try to explain how market makers get short even if they like the Company; Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position. But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid .75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00 offered. Now he has to make a decision. Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000 but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few bucks. But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here because "stocks don't go up forever". Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short 50k or 100k shares (depending how big his bank is). Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to note that if this happened to one MM it has probably happened to most all of them. Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread. Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon. Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over. Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular. This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they get trapped. If the Company has solid fundementals and a bright future. Then the stock will do very well. And the activity that caused the situation will prove to even help the future stock activity because it created an audience |
Posted at 20/5/2008 10:48 by roomove most of the large holders are company directors so I dont see them selling. A few decent sells would allow more investors to join the fun but this just so illiquid its difficult to say what will happen. |
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